By Brian Dunn
A resurgence in global trade will benefit Canada’s shipping industry, with export growth expected to continue, according to a leading Canadian economist. And he expects trade tensions between the United States and China will be resolved. “Canadian exporters are worried that NAFTA may be cancelled, but I believe cooler heads will prevail,” Stephen Tapp, Deputy Chief Economist, Export Development Canada, said at the annual conference of the Shipping Federation of Canada in Montreal on May 23. Labour markets in Canada and the U.S. are improving, economic slack is being absorbed, while historically low interest rates and inflation are rising, both positive signs for the economy, he added. (more…)
The Chamber of Marine Commerce (CMC) welcomes the submission of the Canadian Pilotage Review’s recommendations and will review these in detail to ensure that it contains the significant changes that are needed to improve a service that has not been overhauled in over 45 years.
“We will be carefully reviewing the recommendations in the report. Canada’s pilotage regime is stuck in the 1970s and significant changes are needed to the Pilotage Act and its regulatory framework to support a modern transportation network that is both safe and efficient,” said Bruce Burrows, President of the Chamber of Marine Commerce. (more…)
By Alexander Whiteman
MEPs (Members of the European Parliament) have told the International Maritime Organization there can be no exceptions or exemptions in the fight against climate change and are demanding immediate action to cut shipping emissions. In an open letter to EU member states and the IMO, MEPS from Croatia, the Netherlands, Portugal and Sweden say that despite shipping creating emissions equal to all of those created in the Netherlands, it remains the only sector not included in the European commitment to the Paris Agreement. (more…)
By Alexander Whiteman
So what is the truth about shipping emissions?
The IMO has decided to cut 2008 levels of greenhouse gas emissions (GHGs) by at least 50 per cent by 2050 – but not all in the industry are convinced. A recent comment piece in Splash 24/7, by First International Chairman Paul Slater, questioned shipping’s role in climate change, calling the IMO’s proposed plan “fatuous, unrealistic and unnecessary”. He wrote: “The CO2 issue has been grossly overstated…It has been shown that [shipping’s] CO2 is absorbed by seawater without damaging results”. He also claimed to The Loadstar that there was no evidence that polar ice was melting. (more…)
By Keith Norbury
B.C.’s biggest export of chilled cargo — farmed salmon — and a proposal to build’s Canada’s largest container terminal, with storage for 1,628 reefers, are running into opposition from environmentalists.
A recent Environment Canada report outlining a threat to sandpipers from the proposed $2 billion Roberts Bank Terminal 2 “struck a potential death blow” to the project, the Vancouver Sun reported in February. Meanwhile in March, Washington State passed legislation to phase out ocean net-pen farming of Atlantic salmon by 2025 — a move cheered by salmon farming opponents such as activist and researcher Alexandra Morton. Proponents of Terminal 2 and B.C. salmon farming don’t appear too worried about those threats, however. (more…)
It has been a wild time for Canada’s steel sector, set alight earlier this spring by US President Donald Trump’s announcement of potential new import tariffs on steel and aluminum.
In Hamilton, Canada’s steel city, threats to the sector are felt acutely. Approximately 10,000 individuals in Hamilton are directly employed in primary manufacturing or fabricating. (more…)